By George Smith – Re-Blogged From Gold Eagle
I collect gold in the form of important insights, and in this article I’d like to share some of them with you.
Until a few years ago I never thought of Moore’s Law and a gold coin standard as having an important connection, but they do. Gary North lays it out (8/17):
The gold standard was an institutional restraint on the expansion of government spending, and central banks were designed to thwart the gold standard. We live in an era of the triumph of central banking. We therefore live in an era of the comprehensive defeat of gold coins as restraining factors on the expansion of the government.